Ireland bids to secure €1bn research budget

Ireland has set its highest ever target of winning €1bn for research from the EU budget, which cleared an important hurdle in the European Parliament.

The agreement to provide €60bn for research EU-wide over six year’s under the title Horizon 2020 was negotiated during the Irish presidency by Research Minister Séan Sherlock.

The deal was given the unanimous support of the pivotal Industry, Research, and Energy committee, and is now assured of the support of the entire parliament when the full EU budget for 2014-2020 comes up later this year.